Bitcoin Forum

Alternate cryptocurrencies => Speculation (Altcoins) => Topic started by: HMQ@Rise on October 02, 2017, 01:54:35 PM



Title: humaniq Team has decided to invest some of the money raised by the ICO
Post by: HMQ@Rise on October 02, 2017, 01:54:35 PM
After the humanq team failed in the realization of their biometric application which was promised to the investor on time, and as support to their follower and project; the team finally made a decision to invest a portion of the money raised on ICO to buyback some HMQ in circulation.
how much they will invest and what would do the team with token bought back remains questions without answers.


Title: Re: humaniq Team has decided to invest some of the money raised by the ICO
Post by: go4crypto on October 02, 2017, 04:22:36 PM
Buying back  tokens with  money raised from selling those same tokens does not
add any value for investors. This may help the token price in the short term but
that is all it does. They need to deliver.


Title: Re: humaniq Team has decided to invest some of the money raised by the ICO
Post by: shirackjs on October 02, 2017, 05:21:04 PM
Buying back  tokens with  money raised from selling those same tokens does not
add any value for investors. This may help the token price in the short term but
that is all it does. They need to deliver.

I agree with your views. The ultimate solution is to deliver the biometric app. Hopefully, Humaniq will be able to deliver soon.


Title: Re: humaniq Team has decided to invest some of the money raised by the ICO
Post by: rayk on October 02, 2017, 06:12:03 PM
Humaniq is very good project and now they started to use their mobile application in ghana. It is rather a long term investment. It can be successful project in the long term.


Title: Re: humaniq Team has decided to invest some of the money raised by the ICO
Post by: 2bfree on October 03, 2017, 01:52:33 AM
I don't see how they can make what the promised. But lets see, maybe I'm wrong.


Title: Re: humaniq Team has decided to invest some of the money raised by the ICO
Post by: Invester on October 03, 2017, 03:05:47 AM
Buying back  tokens with  money raised from selling those same tokens does not
add any value for investors. This may help the token price in the short term but
that is all it does. They need to deliver.

I think this can be done by the team actually to somehow increase their project's value in terms of asset worth. But this is temporary and is a very shortsighted strategy that does not in any way make progress to their project itself. Their project should specifically deliver something and accomplish something.


Title: Re: humaniq Team has decided to invest some of the money raised by the ICO
Post by: sexcoyote on October 03, 2017, 03:36:54 AM
Other ICOs and teams must see those actions. Generally they are hitting and run.


Title: Re: humaniq Team has decided to invest some of the money raised by the ICO
Post by: neinnein125 on October 03, 2017, 06:04:24 AM
This is like government spending. It affects markets for very very short time but i becomes illusion. And markets will behave like themselves and gonna make price lower again. I dislike buying back this way.